Cable Update (GBPUSD)

sorry jim,, yes posted before 200 and the 20 in G looks strong bearish lost a few juggling but up now

Best guess, just under 1.7 before a move back down

Good lad

Just OVER 1.7 ... ...LOL

Sorry Jimmy. Was that rude of me? But I really did wonder.

Anybody notice DOW future making all time highs past few hours...

Yes but I know it can't continue forever Not even for 1.7000 this time because of pressure.

We shall see I reckon 6989 at the very highest

http://nuldi.com/media/2010/12/09/bu...-0-125870.jpeg

out - 5 pips x 4 short euer 3879, x4 sl 85 target 3855

Nah, I'm just still not understanding this violent refusal to believe the trend

Rule of the trend: The trend is intact till absolutely disproven

Bear = -20% = A break below 1.6573

That red line.... First the break of the 50 sma then the break of the 200sma before an institutional bear 1.639

Cable is BTFDS or just buy the dips

6919 is high for today in this moment, then Daily R2 6954, then Monthly R1 6998 then 7007 Daily R3, then 7039 is a monthly former swing high.

Will if a weak U.s NFP data tomorrow see 7000 ? Some U.s data this afternoon (Uk time) then Uk's construction PMI tomorrow morning all before NFP

best wishes.

Just messing with ya mate. I still have my order set.

I've been noticing it since March 2013

Well at the moment the economy within the US is recovering but a very low USD will make expensive for the US banks to borrow from other banks

also it is very expensive to import for the US having a very low USD. Therefore it is important that the US FED maintains an equilibrium in demand

and supply. Also the FED needs to decrease borrowing from individuals as this could spiral out of control and something similar could happen when

the NINJA loans were sold in the US. To do so they have to increase the interest rate, it might hurt in the short term but it will benefit and avoid

something worse over the long term. Nevertheless the US has already an extremely high debt and economist such as myself believe that this is

unsustainable and some could argue that another world war could help to write off debt. But as China owns most of the debt of the US, the US wants

to have a stronger currency compared the yuan, which is currently rising steeply. In overall Obama is a total nut job, he never should have hired

anybody from the previous period and rather should have fired everyone. Looking at Greenspan who was responsible for the deregulation of

derivatives, which lead to the dot.com and subprime mortgage crisis to bernanke who is a total idiot and a copy of Greespan. I have the feeling the

Yellen seems nicer and at least has a smile on her face but is more or less the same as the previous idiots employed. Therefore I don't expect much

to be honest and its actually scary that the FED a society of self-praising idiots is ruling the first or second biggest currency in the world.!!!!

My thought is that the GBP/USD is too high at the moment and mainly is that high because of the Dollar Index, if the Dollar decides to increase in

value again then we could see some nice reversals in the GBP. Other than that, today hopefully should be either bullish or bearish for the Dollar and

tomorrow should hopefully demolish the GBP . Thats my thought

Yeah, that's pretty much the way I see it. That's why I thought it might be a trick question.

My "guess" on the refusal? Everyone (looking short) wants to pick a top?

got a 9278 sell order aususd come down with G ??

sell again 6908 ,, its going down